Elin Electronics Allots 50,000 Equity Shares Under Employee Stock Option Plan 2024

1 min read     Updated on 10 Feb 2026, 06:24 PM
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Ashish TScanX News Team
Overview

Elin Electronics Limited allotted 50,000 equity shares under its Employee Stock Option Plan 2024 on February 10, 2026, at an exercise price of Rs. 78 per share. The allotment increased the company's paid-up share capital from Rs. 24,82,96,100 to Rs. 24,85,46,100, with total equity shares reaching 4,97,09,220. The exercise generated Rs. 53,62,290 in proceeds, and the newly issued shares rank pari-passu with existing shares.

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*this image is generated using AI for illustrative purposes only.

Elin Electronics Limited has successfully allotted 50,000 equity shares under its Employee Stock Option Plan 2024, as approved by the Nomination and Remuneration Committee on February 10, 2026. The allotment represents a strategic move to reward employees while strengthening the company's equity base.

Share Allotment Details

The company exercised 50,000 stock options at an exercise price of Rs. 78 per share, with each share carrying a face value of Rs. 5. The allotment generated total proceeds of Rs. 53,62,290 for the company.

Parameter Details
Number of Shares Allotted 50,000 equity shares
Face Value per Share Rs. 5
Exercise Price per Share Rs. 78
Premium per Share Rs. 73
Total Money Realized Rs. 53,62,290
Issue Date February 10, 2026

Impact on Share Capital

The allotment has resulted in an increase in the company's paid-up share capital. The newly issued shares will rank pari-passu with existing equity shares in all respects.

Capital Structure Before Allotment After Allotment
Number of Equity Shares 4,96,59,220 4,97,09,220
Paid-up Share Capital Rs. 24,82,96,100 Rs. 24,85,46,100

Regulatory Compliance

The allotment was conducted in compliance with SEBI regulations, including the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The shares have been issued in dematerialized form with distinctive numbers ranging from 4,96,59,221 to 4,97,09,220.

Financial Impact

The company reported diluted earnings per share of Rs. 0.88 per share on a standalone basis for the quarter ended December 31, 2025. The ESOP exercise reflects employee confidence in the company's growth prospects and provides additional capital for business operations.

Key Features

  • All shares issued in dematerialized form under ISIN INE050401020
  • No lock-in period applicable on the allotted shares
  • Shares identical to existing equity shares in all respects
  • Exercise conducted under the structured Employee Stock Option Plan 2024

The successful completion of this ESOP exercise demonstrates Elin Electronics' commitment to employee participation in the company's growth while maintaining regulatory compliance and transparency in its corporate actions.

Historical Stock Returns for Elin Electronics

1 Day5 Days1 Month6 Months1 Year5 Years
-3.31%+1.95%+0.71%-12.03%+3.59%-33.74%

Elin Electronics Releases Q3FY26 Investor Presentation with Strong Financial Performance

2 min read     Updated on 06 Feb 2026, 12:59 PM
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Reviewed by
Ashish TScanX News Team
Overview

Elin Electronics submitted its Q3FY26 investor presentation to stock exchanges, highlighting strong financial performance with 10% revenue growth and exceptional profitability improvements. The presentation detailed segment-wise performance, nine-month results, and provided optimistic FY26 guidance with expected revenue growth of 9-10%.

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*this image is generated using AI for illustrative purposes only.

Elin Electronics has released its investor presentation for Q3FY26 and nine-month period results, following the announcement of strong financial performance for the quarter ended December 31, 2025. The company submitted the presentation to stock exchanges on February 06, 2026, under SEBI regulations.

Financial Performance Highlights

The company reported consolidated revenue from operations of ₹2,935 million for Q3FY26, representing 10% year-on-year growth from ₹2,663 million in the corresponding quarter of the previous year. This growth was primarily driven by strong performance in the home appliances segment, which partially offset declines in the lighting business.

Revenue Metrics: Q3FY26 Q3FY25 Growth (%)
Revenue from Operations: ₹2,935 million ₹2,663 million +10.0%
EBITDA: ₹118 million ₹76 million +55.3%
Net Profit: ₹38 million ₹14 million +171.4%
EBITDA Margin: 4.0% 2.8% +120 bps

Segment-wise Performance

The investor presentation revealed detailed segment performance for the quarter. The small appliances segment showed exceptional growth of 96.6% year-on-year, reaching ₹1,028 million compared to ₹523 million in Q3FY25. This growth was primarily driven by strong volumes in oil-filled radiator heaters and robust performance across categories like irons and mixer grinders.

Business Segments: Q3FY26 Q3FY25 Growth (%)
Small Appliances: ₹1,028 million ₹523 million +96.6%
Lighting, Fans & Switches: ₹623 million ₹676 million -7.8%
FHP Motors: ₹456 million ₹558 million -18.3%
Precision Components: ₹583 million ₹684 million -14.8%

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company achieved revenue of ₹9,635 million compared to ₹8,645 million in the corresponding period last year, representing 11.5% growth. Net profit for the nine-month period reached ₹234 million versus ₹121 million in the previous year, showing 93.4% growth.

Future Outlook and Guidance

The company provided FY26 guidance expecting revenue growth of 9-10% over FY25, largely led by home appliances, fans, and motors segments. EBITDA margin is expected to be in the range of 5.3-5.8%. The company plans capital expenditure of ₹65 crore towards the Bhiwadi facility and ₹40 crore for scaling up existing business operations.

FY26 Guidance: Target
Revenue Growth: 9-10% over FY25
EBITDA Margin: 5.3-5.8%
Total Capex: ₹105 crore
Working Capital Days: 45-50 days

Regulatory Compliance

The investor presentation was submitted by Company Secretary Lata Rani Pawa under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The presentation provides comprehensive insights into the company's operational performance and strategic direction for stakeholders.

Historical Stock Returns for Elin Electronics

1 Day5 Days1 Month6 Months1 Year5 Years
-3.31%+1.95%+0.71%-12.03%+3.59%-33.74%

More News on Elin Electronics

1 Year Returns:+3.59%